HYLD vs. ECHI.TO

Last updated Jun 14, 2026

HYLD (High Yield ETF) and ECHI.TO (Ninepoint Enhanced Canadian HighShares ETF) are both exchange-traded funds - HYLD is a High Yield Bonds fund actively managed by Eve Capital, while ECHI.TO is a Derivative Income fund actively managed by Ninepoint. Both are actively managed. HYLD charges 1.29%/yr vs 0.29%/yr for ECHI.TO.

Performance

HYLD vs. ECHI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in High Yield ETF (HYLD) and Ninepoint Enhanced Canadian HighShares ETF (ECHI.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HYLD is traded in USD, while ECHI.TO is traded in CAD. To make them comparable, the ECHI.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

HYLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ECHI.TO

• 1D: 0.14%
• 1M: 1.53%
• YTD: 12.52%
• 6M: 13.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYLD vs. ECHI.TO - Yearly Performance Comparison

	2026 (YTD)	2025
HYLD High Yield ETF	0.00%	0.00%
ECHI.TO Ninepoint Enhanced Canadian HighShares ETF	12.52%	21.82%

Return for Risk

HYLD vs. ECHI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for High Yield ETF (HYLD) and Ninepoint Enhanced Canadian HighShares ETF (ECHI.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	HYLD	ECHI.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-7.74%	—
Current Drawdown Current decline from peak	—	-3.55%	—
Average Drawdown Average peak-to-trough decline	—	-1.52%	—

Volatility

Volatility by Period

	HYLD	ECHI.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	18.51%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.51%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.51%	—

HYLD vs. ECHI.TO - Expense Ratio Comparison

HYLD has a 1.29% expense ratio, which is higher than ECHI.TO's 0.29% expense ratio.

Dividends

HYLD vs. ECHI.TO - Dividend Comparison

HYLD has not paid dividends to shareholders, while ECHI.TO's dividend yield for the trailing twelve months is around 11.08%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ECHI.TO Ninepoint Enhanced Canadian HighShares ETF	11.08%	5.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%

Frequently Asked Questions

Which ETF is better, HYLD or ECHI.TO?

On fees, ECHI.TO is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYLD or ECHI.TO?

ECHI.TO is cheaper with a 0.29% expense ratio, compared with 1.29% for HYLD.

What is the main difference between HYLD and ECHI.TO?

HYLD is categorized as High Yield Bonds, while ECHI.TO is Derivative Income. They also come from different issuers: Eve Capital and Ninepoint. Their fees differ too: 1.29% for HYLD and 0.29% for ECHI.TO.